NGE Nevada Exploration Inc

Nevada Exploration Inc. ("NGE") (TSX VENTURE:NGE) is pleased to announce that
Spruce Ridge Resources Ltd. ("Spruce Ridge"), NGE's exploration partner at NGE's
Fletcher Junction Gold Project (the "Project") in Mineral County, Nevada, has
confirmed start of a second core hole. Drill hole FJ15 will be drilled to a
planned depth of 600 meters at an angle of -60 degrees to intersect the target
zone, believed to be a potentially gold mineralized fault structure that
projects northward from the Aurora mining district beneath an estimated 250m of
alluvium.


Spruce Ridge reported that geochemical analyses from the first hole of the
current program (FJ14) indicated anomalous to highly anomalous values in silver,
arsenic, antimony, mercury, and molybdenum, all of which are considered to be
pathfinder elements that point to gold-bearing hydrothermal systems. Both the
alteration and the geochemical anomalies are the types that are typically found
within a few hundred metres of numerous epithermal gold deposits located in the
adjacent region and elsewhere in Nevada, like Aurora, Bodie, Comstock, Sleeper
and Midas. The target is defined by a zone of low resistivity detected by
inversion of VTEM(R) airborne survey data, as well as by a linear cluster of
highly anomalous gold contents in groundwater samples from natural springs and
previous reverse-circulation drill holes.


For more detailed information about the Fletcher Junction Project, the results
to date and the continuing drilling program please visit:


http://www.NevadaExploration.com/investor_info/presentations/

Nevada Exploration Inc.

NGE is an exploration company focused on gold in Nevada. NGE is led by an
experienced management team that has been involved with the discovery of more
than 30 million ounces of gold in Nevada.


NGE is aggressively applying the latest in covered deposit exploration
technology to identify, acquire, and advance new exploration properties in
Nevada's highly prospective, yet underexplored covered basins. Specifically, NGE
has developed proprietary hydrogeochemistry (groundwater chemistry) exploration
technology to explore for gold in Nevada's covered basins where traditional
exploration techniques are challenged.


Using its industry leading exploration technology, NGE has assembled a portfolio
of nine new gold projects, and with over 13,500 hectares (52 sq mi), is evolving
as a major player in this world class jurisdiction. NGE's business model is to
leverage its properties and technology to create shareholder value through
generative exploration, joint ventures, and other exploration partnerships.


Cautionary Statement on Forward-Looking Information:

This release contains certain "forward-looking statements" including, without
limitation, expectations, beliefs, plans and objectives regarding the potential
transactions and ventures discussed in this release. Among the important factors
that could cause actual results to differ materially from those indicated by
such forward-looking statements are the risks inherent in mineral exploration,
the need to obtain additional financing, environmental permits, the availability
of needed personnel and equipment for exploration and development, fluctuations
in the price of minerals, and general economic conditions.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nevada Exploration Inc.
Wade A. Hodges
President, CEO & Director
(775) 359-7740
WAHodges@NevadaExploration.com
www.NevadaExploration.com

Grafico Azioni Nevada Exploration (TSXV:NGE)
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Da Ott 2024 a Nov 2024

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